{"data":{"id":"us-fl/fla.-stat.-64.210","jurisdiction":"us-fl","citation":"Fla. Stat. § 64.210","heading":"Open-market sale, sealed bids, or auction.","body":"(1) If the court orders a sale of heirs property, the sale must be an open-market sale unless the court finds that a sale by sealed bids or an auction would be more economically advantageous and in the best interest of the cotenants as a group.\n(2) If the court orders an open-market sale and the parties, not later than 10 days after the entry of the order, agree on a real estate broker licensed in this state to offer the property for sale, the court shall appoint the broker and establish a reasonable commission. If the parties do not agree on a broker, the court shall appoint a disinterested real estate broker licensed in this state to offer the property for sale and shall establish a reasonable commission. The broker shall offer the property for sale in a commercially reasonable manner at a price no lower than the determination of value and on the terms and conditions established by the court.\n(3) If the broker appointed under subsection (2) obtains within a reasonable time an offer to purchase the property for at least the determination of value:\n(a) The broker shall comply with the reporting requirements in s. 64.211; and\n(b) The sale may be completed in accordance with the laws of this state other than this part.\n(4) If the broker appointed under subsection (2) does not obtain within a reasonable time an offer to purchase the property for at least the determination of value, the court, after hearing, may:\n(a) Approve the highest outstanding offer, if any;\n(b) Redetermine the value of the property and order that the property continue to be offered for an additional time; or\n(c) Order that the property be sold by sealed bids or at an auction.\n(5) If the court orders a sale by sealed bids or an auction, the court shall set terms and conditions of the sale. If the court orders an auction, the auction must be conducted under part I of this chapter.\n(6) If a purchaser is entitled to a share of the proceeds of the sale, the purchaser is entitled to a credit against the price in an amount equal to the purchaser’s share of the proceeds.\nHistory.—s. 2, ch. 2020-55.","path":["CHAPTER 64 PARTITION OF PROPERTY"],"source_url":"https://www.leg.state.fl.us/statutes/index.cfm?App_mode=Display_Statute\u0026URL=0000-0099/0064/0064.html","current_through":"2026 Florida Statutes","vintage":"","retrieved_at":"2026-08-27T01:58:01Z","sha256":"61991541bd4e57cfb779248f1436900b0bb00d357a64fc8bbce7e1da49dc7a4c","source_id":"us-fl","stale":false,"prev":"us-fl/fla.-stat.-64.209","next":"us-fl/fla.-stat.-64.211"},"notice":"GroundRules: Original legal text. Not legal advice."}